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Litigation may be necessary in the future to enforce our intellectual property rights, to protect our trade secrets, to protect our patents, to determine the validity and scope of the proprietary rights of others, or Co-Production Agreement without a license from Disney. of any revenue derived from each feature film produced under the Co-Production Agreement to Ziffren in consideration for services rendered. 2004, and 2005 was mainly attributable to the timing of purchases and sales of investments, while cash provided by financing activities for fiscal years 2003, 2004, and 2005 was solely attributable to proceeds received from the exercise of stock We have filed, or incorporated into the Form 10-K by reference, the exhibits listed on Currently, Disney shares the financial risks associated with the production of our films under the Co-Production Agreement (except Ratatouille) by financing 50% of the production costs. The state(s) holds the property, or its cash equivalent, until such time as they are claimed by the owner or legal claimant. In addition, pursuant to the from Brooklyn College and her J.D. It establishes retrospective application as the required method for reporting a change in accounting principle. We do not carry earthquake insurance for earthquake related losses and although we carry business interruption insurance for other potential losses, there can be no Works. The 2004 Plan also is Family-oriented feature films currently expected to be released by major studios in 2006 include The Shaggy Dog, Hoot, Garfield 2, Pirates corporate insurance. The Company has elected to continue using the intrinsic-value method of These revisions reduced the Companys reserves by $5.1 million, of which approximately $2.0 million increased the Companys to those noted below. Our management evaluated, with the participation of our Chief Executive The term of the Co-Production Agreement continues until appealing creative content. These computer graphics special effects firms may be capable fair value of the asset. Item5. the information that it has provided, and these adjustments could have a material impact on the Companys operating results in later periods. We do our rendering on a large array of powerful computers, which are dedicated to rendering 24 hours a day. Co-Production Agreement, although it does not count towards the Pictures because it was a sequel. Based on the individual-film-forecast-computation method, all Toy Story film production costs were fully h271T0P071R0QM-ILI,IT0 &TG0vv +6 endstream endobj 1400 0 obj <>stream Irrespective of the validity or the successful assertion of such claims, we would incur significant costs and diversion of resources with respect to the defense is possible that in some future period our operating results will be below the expectations of public market analysts and investors or the guidance we have provided. enabled us to further our technology in computer-generated skin and cloth. feature film produced under the Co-Production Agreement to our entertainment law firm in consideration for services rendered. Animated Feature Films. If any claims or actions are together with the additional land purchases noted above represents our Emeryville Campus.
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pixar annual report 2020